Diverse Workforce

Improved Essays
I. Introduction
There is an increasing trend of workforce diversity throughout the business community. Only a few decades ago, or less, what was considered the norm changed. Where men were the predominant gender in the workforce, now both genders fill positions in nearly equal numbers (Kronos Inc., 2005). Previously, demographics such as religion, race, religious affiliation, age, and physical disabilities, may have been excluded from work environments, yet now they find opportunities abound (Kronos Inc., 2005). Modern organizations must recognize that they need to bring together these diverse groups and create a cohesive team, ensure that the individuals have the right skills, training, and support to align their work with the corporate strategy. The following
…show more content…
New Strategy for a Diverse Workforce
The new workforce has varying characteristics that range from their gender, age, race, origin, level of education, to their perspectives on personal wealth and company loyalty (Dychtwald, Erickson, & Morison, 2006). Companies will find continuing trends of the baby boomer generation exiting the workforce which will reduce the available experienced work pool, increased demand for knowledge-based labor over manual labor, increased ethnic diversity, greater life-stage variety, and tightening of the labor markets.
As diversity continues its growth throughout the workforce, companies need to rise and meet the challenge of creating a new workforce strategy, and continue to maintain adjustments to that strategy as the demographics of the workforce continue to change. A new workforce strategy must include a long-term approach, prevent talent shortages, and find new sources of labor and skills (Dychtwald, Erickson, & Morison, 2006). Without a new workforce strategy organizations will not manage diversity effectively, utilize the full potential of their workers, nor survive and grow due to the increasingly complex and competitive business conditions (Wentling,

Related Documents

  • Improved Essays

    Diversity refers to those attributes that makes people different from one another. The six primary (and stable) dimensions age, ethnicity, gender, physical attributes race and sexual/affectional orientation (Konopaske, Ivancevich & Matteson (2016). The Strength, Weakness, Opportunity and Threats Analysis is a valuable evaluation and planning technique used to determine how Tower Loan’s business and management practices affect the diverse population not only for the employers but for consumers as well. First, we will discuss the internal strengths and weaknesses of Tower Loan’s environment, identified as it relates the Organization Behavior (OB) process of encouraging cultural diversity in the workplace. Then we will identify strategic factors…

    • 725 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    We have a diverse workforce comprised of men and women from different cultures and backgrounds who work hard to achieve company goals. We hire employees based on their qualifications and ability to do the…

    • 473 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    As a business it has been recognised that a major strength to maintaining sustainability and increasing the competitive edge is to implement strategies that will build upon the diverse workforce and ensure that equality and diversity…

    • 317 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    In the workplace, the role of gender, race and ethnicity can influence the effectiveness of the company's performance. Diversity in an organization involves the development of a work culture where people of different races, genders and nationalities can blend to achieve the same goals. By studying various groups, we can determine the effects of diversity and what particular gender dominates in the workplace. In our society, there are occupations that economists call “pink collared jobs.”…

    • 773 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Activity 1 Introduction In this report I will discuss factors that affect an organization’s approach to both attracting talent and recruitment and selection. My report will also include some recruitment methods and its advantages. Benefits to the Organization of attracting and retaining a diverse workforce. Currently, an increasing number of organizations are attempting to enhance inclusiveness of underrepresented individuals through proactive efforts to manage their diversity.…

    • 841 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    McCuiston et al (2004), states that the implementation of policies to promote workplace diversity results in the improvement of the bottom line which ultimately leads to increased competitive advantage; superior business performance; higher levels of employee satisfaction and loyalty. Contemporary scholars concur that having and making use of a diverse workforce has resulted in accrued benefits to organizations (; Stewart and Brown, 2010; Dessler, Mathis et al., 2013 ;). The success of diversity management initiatives is underpinned by embedding equal employment opportunities (EEO) policies in the firm’s business practices. For diversity management to be effective, it should not be aimed at non discriminatory policies that makes provision for…

    • 1380 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    The continual change in the demographics of the workforce presents both obstacles and opportunites for managers and their organizations alike. It is important that managers are able to identify and prepare for constant changes in the workforce. Managers must research and study demographics in order to make appropriate adjustments dependent on the demographic they are managing. Increased diversity of the workforce requires that a succesful manger be able to cultivate his employess and help them to realize their full potential. Changes in the social environment often result in challenges for managers.…

    • 1492 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Diversity in the workplace allows an organization to explore multiple avenues of reasoning when dealing with work related situations. While several employees may have similar qualities…

    • 377 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Behavior Problem: In this study , I will be discussing the idea of the lack of minorities in the business work force. Today , the state of diversity in the business world is minimal. A business that will embrace a more fluid demographic group will most likely benefit more economically. Minorities hold only 1/3 of the work force, which is not proportional to its population size.…

    • 1152 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Ethnic Diversity Teams

    • 749 Words
    • 3 Pages

    Introduction The United States workforce has become more ethnically diverse. Globalization and a growing number of ethnic groups have naturally reflected on the labor force. While it may be apparent that some industries, population densities, and geographic localities are more diverse than others, there is trending in all organizations to become more diverse. Businesses are now implementing training and ethnic diversity management programs to support the variance in work input by people of differing cultural backgrounds (Aigner, 2014).…

    • 749 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    As our society becomes more culturally diverse it will create an increasingly diverse workforce. Therefore, society and market forces have a responsibility to adapt to these shifting cultural trends. Creating a successful diversity initiative within a workforce comes with many positive impacts. “Companies that set aside time and resources to cultivate and capitalize on diversity suffer fewer discrimination lawsuits, fewer union clashes, and less government regulatory action.” (Mary Ellen Guffey, 2018)…

    • 268 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The Advantages of Diversity in America’s Workforce It's no secret that, America's workforce is gradually becoming more and more diverse. Nearly every major company in America as well as many smaller businesses boasts workforces that include people of different races, genders, social classes, ethnicities, and sexual orientations. I can attest to this fact. I've been working in the restaurant industry for over 10 years and I have had the pleasure of working alongside people of different backgrounds, lifestyles, and cultures.…

    • 513 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Additionally, a Forbes survey discovered that 85% of employers believe diversity is crucial for their businesses in that it allows them to gain the perspectives and ideas that foster innovation (Talent Management). This especially applies to companies that have a wide target audience and need employees who offer many different viewpoints on how to improve or expand the product. Every race should have the same opportunities in the workforce and the government needs to ensure that this holds…

    • 1294 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    In many companies this diverse range of skills can be a positive light to cater to generational demographic. Organizations that do not manage diversity effectively will not be able to utilize the full potential of their workers, nor to survive and grow under increasingly complex and competitive business conditions (Wentling, Rose…

    • 1262 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    The world is a forever changing climate of people. This requires companies to change with the times. The introduction of different cultures, beliefs, and diverse backgrounds requires a new approach for managing a larger arrange of people. People no longer work in a time of intolerance. Diversity is about the many differences that make us individuals and also the similarities that bring us together.…

    • 1013 Words
    • 5 Pages
    Great Essays